Beijing, China – 10-11-2025 – PHOMI Holding, a leading innovator in eco-friendly architectural surface materials, is proud to support the growing cooperation between Saudi Arabia’s National Housing Company (NHC) and CITIC Construction, part of China’s CITIC Group, as both sides advance new partnerships in sustainable urban development. To this end, PHOMI recently attended an official signing ceremony of collaboration between CITIC and the NHC, attended by His Excellency Majed bin Abdullah Al-Hogail, Minister for Municipalities and Housing for the Kingdom of Saudi Arabia.
The collaboration marks a major step in realizing Saudi Arabia’s Vision 2030 housing goals, with more than 24,000 new residential units now under construction, valued at over 8 billion Saudi Riyals ($2.1bn USD), as part of a broader initiative to deliver 100,000 homes by 2030. These developments will enhance housing supply and support balanced, high-quality real estate growth across the Kingdom.
As one of CITIC Construction’s trusted material technology partners, PHOMI Holding is contributing its advanced low-carbon surface materials and building solutions to the projects supported by this partnership.
PHOMI ’s innovative materials combine aesthetic flexibility with environmental responsibility — reducing carbon emissions, lowering energy consumption, and enhancing long-term durability across architectural applications.
“PHOMI is honored to support this milestone collaboration between NHC and CITIC,” said Mr. Lei Shi, Chairman of PHOMI Holding. “This partnership reflects a shared vision for sustainable and intelligent urban construction, one that blends technological innovation with respect for local culture and environmental priorities.”
Mr. Joseph Frost, Executive Assistant to the Chairman, added: “Our company’s eco-friendly surface materials are designed to meet the needs of modern urbanization while reducing environmental impact. We see great potential in Saudi Arabia’s dynamic housing initiatives and look forward to contributing our expertise to support Vision 2030.”
The National Housing Company (NHC) is Saudi Arabia’s leading government-backed developer and enabler of the real estate sector, responsible for driving affordable housing supply，enhancing quality standards, and fostering partnerships with leading international construction and technology firms. Its collaboration with CITIC Construction, supported by trusted suppliers such as PHOMI, represents a key advancement in international cooperation for large-scale, sustainable housing delivery.
PHOMI Holding is a global leader in eco-friendly surface materials, specializing in low-carbon, high-performance architectural coverings that combine natural aesthetics with technological innovation. The company’s patented mineral-based material technologies are used across commercial, residential, and public projects in more than 40 countries. PHOMI is committed to delivering sustainable solutions that enhance design freedom while reducing the environmental footprint of modern construction.
